About Sorin Investments
Sorin Investments is an early-stage venture capital firm based in Mumbai, India, co-founded in 2021 by Sanjay Nayar, former CEO of KKR India, and Angad Banga. The firm focuses on Series A and B investments across tech and tech-enabled sectors, aiming to back fearless founders solving real-world problems.
Mission and Philosophy
Sorin’s investment philosophy centers on:
- Founder-Centric Approach: Supporting entrepreneurs as the main protagonists in their journey.
- The Plus+ Factor: Providing strategic support, hiring assistance, investor connections, and corporate governance guidance.
- Sustainable Partnerships: Building lasting relationships through conviction and collaboration.
- Principles First: Emphasizing transparency, authenticity, trust, integrity, and respect in all interactions.
Focus Areas
Sorin invests in early-stage companies across the following sectors:
- Fintech
- Health Tech
- Direct-to-Consumer (D2C)
- E-commerce
- B2B Tech
- Software as a Service (SaaS)
- Climate Tech
Portfolio Highlights
Sorin’s portfolio includes companies that combine ambitious visions with strong business fundamentals:
- Beacon.li: An AI-powered product assistant enhancing enterprise software adoption.
- The Pant Project: A comfort and style-focused D2C brand specializing in bottom wear.
- Shivalik Small Finance Bank: A technology-enabled small finance bank.
- FREED: Assists financially distressed borrowers in managing and discharging delinquent debt obligations.
- LiteStore: A retail-as-a-service platform enabling consumer brands to go omnichannel.
- Uniqus Consultech: A tech-enabled global platform offering ESG and Accounting & Reporting Consulting.
- Venwiz: A SaaS-enabled marketplace for CapEx and industrial services procurement in the manufacturing sector.
Capital Structure
Sorin Investments closed its maiden fund at INR 1,350 crore (~$160 million) in May 2024. The fund is backed by a distinguished set of limited partners (LPs), including:
- Family offices of Sanjay Nayar, Angad Banga, Munjal, and Henry Kravis (KKR)
- Senior partners from KKR
- SIDBI
- Self Reliant India
- UP Startup Fund
Team:
Sorin’s team combines deep investing acumen with operational expertise:
Team Member | Team | Designation | Location | Social Presence |
Aashna Singh | Investment | Vice President | Mumbai | |
Abhishek Pathak | Investment | Associate | Bengaluru | |
Alok Anand Patra | Investment | Associate | Bengaluru | |
Angad Banga | Investment | General Partner | – | – |
Anshula Mehra | Investment | Associate | Mumbai | |
Ashima Setia | Investment | Principal | Bengaluru | |
Mandar Dandekar | Investment | Partner | Bengaluru | |
Ruchita Jasani | Corporate | CFO | Mumbai | |
Sanchita Tibrewal | Investment | Analyst | Mumbai | |
Sanjay Nayar | Investment | Founder and Chairman | Mumbai | |
Shree Vardhan | Investment | VIce President | Bengaluru | |
Subeer Monga | Investment | Partner | Mumbai |
How to Pitch to Sorin
Sorin accepts pitches through:
- Warm Introductions
- Investment Bankers
- Cold Emails
The firm looks for founders who:
- Demonstrate ethical leadership and integrity
- Have a clear articulation of their vision and market understanding
- Exhibit strong founder-market fit
- Show resilience and learning agility
- Possess visionary thinking and the ability to reimagine categories